Thursday, January 17, 2008

Craigslist funds New Media chair at Berkeley

Craigslist, founded in 1995 by Craig Newmark of San Francisco, has been blamed for crippling newspapers by taking their classified advertising revenues. Now Craigslist is donating $1.6 million to UC Berkeley to create the first endowed faculty chair in New Media (as in the Internet). The William and Flora Hewlett Foundation is putting up another $1.5 million to support research and scholarship at the newly created Berkeley Center for New Media. "When we were looking for a new chair, someone joked, 'Why don't you go to craigslist?'" Center Director Ken Goldberg told William Brand of the Oakland Tribune. "That's what happened." [UC Berkeley press release] [Chronicle]

No comments: